Asian Business Essay! (Looking for a professional business major writer ONLY)
bkbkhomework
hkgspore.pptxA QUICK COMPARISON
THREE ISLAND STATES, THREE REGIONAL HUBS
TAIWAN: YANGTZE RIVER VALLEY
HONG KONG: PEARL RIVER DELTA
SINGAPORE: ASEAN
ALL THREE “MIRACLES”
BUT THREE DIFFERENT SYSTEMS
ASEAN
Association Of Southeast Asian Nations
SINGAPORE
WORLD FACT BOOK: SINGAPORE
https://www.cia.gov/library/publications/the-world-factbook/geos/sn.html
EASE OF DOING BUSINESS: SINGAPORE
http://www.doingbusiness.org/data/exploreeconomies/singapore
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SINGAPORE ISSUES
LEE KWAN YEW, THE PAP
AND “CONFUCIAN DEMOCRACY”
ACTIVIST STATE
SOVEREIGN WEALTH FUNDS
MERITOCRACY
“ASIAN VALUES”
FDI
ASEAN REGIONAL HUB
GOVERNMENT OF SINGAPORE INVESTMENT CORP…..250 BILLION
INCLUDES….
GIC Real Estate Pte Ltd (GIC RE) GIC Real Estate Group is among one of the top 10 global real estate investment firms in the world. With over 200 investments across more than 30 countries, investing a multi-billion US$ portfolio. Direct property investments include: offices, retail stores, residential, hotels, senior and student housing, and sports and medical facilities. Indirect property investments include: funds, public and private corporate entities, real estate investment trusts (REITs), and real estate debt. Notable investments include: Seoul Finance Centre, Seoul, South Korea Azia Centre, Shanghai, China Shiodome City Centre, Tokyo, Japan Queen Victoria Building, Sydney, Australia Uptown Munich Tower, Munich, Germany Westin Paris, Paris, France Bluewater Shopping Centre, Kent, UK 30 Gresham Street, Londo
SINGAPORE’S EVOLUTION
Singapore has been ruled by a single political party, People’s Action Party (PAP)
The underlying philosophy is ‘to maximize political cooperation and minimize contention’
Confucian democracy is key to the government’s policy
AND YOU WON’T FORGET IT!
SINGAPORE’S POLITICAL CULTURE
HONG KONG
“Borrowed place,
borrowed time”
Capital of the
Overseas
Chinese
BBC Profile
Hong Kong: Pearl River Delta Hub
Guangzhou Shenzhen Hong Kong
According to Michael Enright the PRD
has 3.4% of China’s population
produces 10% of China’s GDP and 24% of China’s trade
has attracted 20% of China’s FDI
South China
Source: Weidenbaum, “Chinese family business enterprise”, Calif. Mgt. Review, Sum. 96
HONG KONG ISSUES
“BORROWED PLACE”: 1842/1997/2046
IS IT REALLY “ADAM SMITH’S WORKSHOP”?
PROPERTY
HK$/US$/RMB
FREE MARKET, RULE OF LAW
INCOME DISTRIBUTION
RELATIONS WITH CHINA
WHERE THE FAST BUCK
REACHES TERMINAL VELOCITY?
MEDIA ON HONG KONG, SINGAPORE ISSUES
BBC on Hong Kong Working Lives
http://www.youtube.com/watch?v=dfGzx5zY6C0&list=PL6648ACC1F7A848E2
“Singapore's mid-life crisis as citizens find their voice”
BBC 20 Oct 2013
http://www.bbc.co.uk/news/world-asia-24540080
“World’s Richest City”
Sheet1
| CHINA | HONG KONG | SINGAPORE | TAIWAN | |
| EASE | 96 | 2 | 1 | 16 |
| CGR | 29 | 9 | 2 | 13 |
| TI | 80 | 154 | 5 | 36 |
| GDP/CAP | 4930 | 35160 | 43930 | 20200 |
| POP | 1.33B | 7.1M | 5.2M | 23.2M |
| 5 GCR | FINANCING | INFLATION | INFLATION | POLICY INSTABILITY |
| ISSUES | INFLATION | INNOVATION | LABOR REGS | LABOR REGS |
| POLICY INSTABILITY | BUREAUCRACY | INNOVATION | BUREAUCRACY | |
| BUREAUCRACY | WORKFORCE ED. | WORKFORCE ED. | INNOVATION | |
| CORRUPTION | FINANCING | FINANCING | TAXES |
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| "BUSINESS SYSTEMS" | ||
| SINGAPORE | HONG KONG | |
| THE STATE | TOP DOWN | 1C2S |
| DEVELOPMENTAL | REGULATORY | |
| DIRECTIVE | DIRECTIVE | |
| INTERVENTIONIST | NON-INTERVENTIONIST | |
| EDUCATION | HIGH | HIGH |
| INVESTMENT | BANKS | BANKS |
| GOVT | FAMILY | |
| OWNERSHIP | FAMILY | FAMILY |
| FIRM RELATIONS | STATE | HONGS |
| NETWORKS | ||
| CORP GOVERNANCE | FAMILY | FAMILY |
| STATE | ||
| SOCIAL CAPITAL | HIGH | HIGH |
| PAROCHIAL | INTERNATIONAL |
